EPFO to pay 8.5% interest for FY20 in two instalments, cites Covid impact

The Employees’ Provident Fund Organsation (EPFO) made a decision on Wednesday to credit fascination level to formal sector personnel for 2019-twenty in a staggered method, citing the coronavirus pandemic’s affect on its money.

The EPFO will credit eight.15 for each cent to its subscribers for 2019-twenty for now: significantly decreased than eight.5 for each cent it had made a decision on in March. “The remaining .35 for each cent will be credited in December immediately after redemption of the EPFO’s equity investments,” reported a member of the central board of trustees (CBT) of the EPFO. The EPFO is staring at

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Blue Shield California’s Health Reimagined ties provider pay to quality and patient satisfaction

Gordon B. Johnson

Blue Defend of California has launched a pilot initiative in four counties across the state. 

Under the umbrella of Health and fitness Reimagined the pilot courses incorporate adding know-how in health practitioner workplaces, offering digital applications to customers and tying health practitioner and hospital fork out to high quality and patient pleasure.

The initiatives array from a personalized virtual-care procedure so individuals can see their health care provider by means of smartphone, tablet or computer, to an Apple Enjoy-enabled virtual assistant that assists medical professionals generate an digital professional medical report with their voice, and settling all statements in serious-time

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But how will we pay for this?

Gordon B. Johnson

Now, as economic exercise reemerges even as every day new verified instances of the virus major 100,000, we can commence to address how governments can fork out again their debts.For developed markets, at minimum, the predicament may possibly be a lot less dire than some anxiety.

A rational response

It 1st may possibly make sense to touch on just how rational policymakers’ moves have been. The much more than $nine trillion in investing, financial loans, and mortgage guarantees that the world’s largest economies have committed to countering the adverse consequences of the pandemic, while amazing, discuss to the

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Inpatient rehab facilities will get a 2.9% pay increase in CMS proposed rule

Gordon B. Johnson

Inpatient rehabilitation amenities are getting a payment improve of two.9% for 2021.

Since of the COVID-19 community well being emergency, the Facilities for Medicare and Medicaid Solutions in its proposed rule has confined the yearly rulemaking to payment and critical procedures.

CMS is proposing updates to the payment costs making use of the most the latest facts to reflect an believed two.5% improve factor. This is the inpatient rehabilitation facility industry basket improve factor of two.9%, reduced by a .4% multifactor productivity adjustment.

On the other hand, an further .4% improve to aggregate payments — thanks to updating the outlier

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Attacked by Ransomware, Many Companies Opt to Pay Up

Gordon B. Johnson

It’s like the plot of a James Bond movie: Hackers just take handle of a world wide organization’s laptop devices and threaten to wipe out its information, steal its intellectual home, and drain its lender accounts except a hefty ransom is deposited into an untraceable offshore lender account by the stop of the day.

Except alternatively of Agent 007 suavely tracking down the nameless would-be thieves and saving the firm from ruin, its leaders give in — and pay back the ransom.

To a small-discovered but alarming diploma, so-called “ransomware” attacks on governments, firms, and other entities jumped very last

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